Weekly Fixed Capacity of 210.9MW with an Average Winning Bid Price of 0.67 Yuan/Watt [SMM Statistics]

SMM reported on March 4: During the week from February 24 to March 2, 2025, SMM statistics showed that domestic companies, including LONGi Green Energy and Yibin Jucai PV ESS Supply Chain Management, won a total of 12 PV module project sections. Among these, 5 projects disclosed their installed capacities. This week's procured and finalized module models included N-type modules. The winning bid price range was concentrated between 0.65-0.71 yuan/W; the weighted average price for the week was 0.67 yuan/W, a decrease of 0.02 yuan/W compared to the previous week. The total procured capacity of the winning bids was 210.9 MW, a reduction of 2,657.1 MW compared to the previous week. The confirmed N-type module procurement capacity for the week was approximately 130.03 MW, accounting for 61.65%.

Key winning bid information for the week:

1. The State Grid Shanghai Integrated Energy Service Co., Ltd.'s second material tender project in January 2025 planned to procure a total installed capacity of 31.77 MW of NEG19RC.20 modules with 615 Wp. Shandong Agricultural High-Tech Demonstration Zone International Trade Co., Ltd. won the bid at a price of 0.65 yuan/W.
2. The 1,500 kW PV power generation project at Chengdong Logistics Park in Jinhu County (third procurement) planned to procure a total installed capacity of 1.54 MW of TWMND-72HD585W modules with 585 Wp. China Tower Corporation Limited Huai'an Branch won the bid at a price of 0.73 yuan/W.
3. The PowerChina North-West Institute's Ganzi Dege Mani Gango PV project planned to use monocrystalline silicon bifacial battery modules with a power of 600 Wp or above. Inner Mongolia Shengheng Electric Power Equipment Installation Engineering Co., Ltd. won the bid, with a total installed capacity of 4.72 MW.